Trades Idea for Monday 25 Mar 24

DISCLAIMER
This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose.

Gold/USD (XAUUSD) Signal For 22 Mar 2024
Trade Idea 1
SELL LIMIT Order: $2171.63
Stop Loss: $2186.38
Take Profit 1: $2157.13
Take Profit 2: $2149.24

Trade Idea 2
SELL LIMIT Order: $2175.05
Stop Loss: $2186.38
Take Profit 1: $2157.13
Take Profit 2: $2149.24

Risk per trade: 0.5%.
MT4/5 trade expiration: Today

100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out.

Reason
The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 2x Buy LIMIT orders at 50% and 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%

March Trade Results

P&L for the month: -0.15R
01 Mar: +1.35R
06 Mar: +1.35R
08 Mar: +1.35R
11 Mar: -1R
12 Mar no.1: -1R
12 Mar no.2: -1R
13 Mar no.1: -1R
13 Mar no.2: +0.5R
14 Mar no.1: -1R
14 Mar no.2: -1R
15 Mar no.1: -1R
15 Mar no.2: +1.65R
18 Mar no.1: +0.5
19 Mar no.1: -1R
19 Mar no.2: +0.5R
20 Mar no.1: -1R
20 Mar no.2: +1.65R
21 Mar no.2: Running

The year 2024 Trade Results
January: +2.6R
February: +3.35R

Trade fermée: ordre d’arrêt atteint:

Unfortunately we hit stop loss. Let's try again tomorrow.